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KOPN vs NNE: Correlation

Measured on weekly returns over the past three years, Kopin Corporation (KOPN) and Nano Nuclear Energy Inc. (NNE) carry a correlation of 0.46, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.46
moderate
Correlation (1Y)
0.57
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
7136.3
%² · weekly, annualized

How correlated are KOPN and NNE?

On 3 years of weekly data the KOPN/NNE correlation comes out at 0.46, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.57 versus 0.46 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 7136.3 %².

Among the 15 assets we track against KOPN, NNE ranks #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months KOPN outperformed by 164.6 percentage points (+123.1% for KOPN against -41.5% for NNE). Note the risk asymmetry: NNE runs 1.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

How is this computed?

Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.

KOPN vs NNE: side by side

KOPN (Kopin Corporation)NNE (Nano Nuclear Energy Inc.)
1-year return+123.1%-41.5%
5-year return-19.9%n/a
Volatility (ann.)96.8%155.1%
Beta vs S&P 5002.594.18
Max drawdown (3Y)-78.3%-77.7%
Market cap$0.9B$1.0B
P/E (trailing)120.5
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: NNE -77.7% vs -78.3%
-51%0%+169%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. KOPN · NNE

Year-by-year returns

YearKOPNNNE
2022-69.7%
2023+63.7%
2024-33.0%
2025+72.1%-3.6%
2026+106.0%-19.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are KOPN and NNE good diversifiers for each other?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between KOPN and NNE?

As of 2026-08-27, the correlation of weekly returns between KOPN and NNE is 0.46 over 3 years, 0.57 over 1 year and n/a over 5 years.

Is NNE a good diversifier for KOPN?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.46 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/kopn-vs-nne.json

KOPN vs NNE: 3-year weekly correlation 0.46KOPN vs NNE0.46

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Related comparisons

Hubs: KOPN correlations · NNE correlations